BUILT BY CORNERSTONE EXTENSIONS LTD

Executive Summary

Built By Cornerstone Extensions Ltd is a very new, micro-entity with minimal financial presence and no demonstrated trading or cash flow capability. The company’s balance sheet is effectively nominal, posing a high credit risk with no financial strength or liquidity to support borrowing. Credit approval is not recommended at this stage without further evidence of operational viability and financial performance.

BUILT BY CORNERSTONE EXTENSIONS LTD - Analysis Report

Company Number: 15201887

Analysis Date: 2025-07-29 18:58 UTC

1. Credit Opinion: DECLINE
   Built By Cornerstone Extensions Ltd is a newly incorporated micro-entity with minimal financial history and an extremely limited balance sheet. With net assets and current assets reported at only £1 and no reported profit and loss data, the company lacks any substantive financial strength or operating track record. This makes it highly risky from a credit perspective, as there is no evidence of trading performance, revenue generation, or ability to service debt obligations. The company’s micro-entity status and single director/shareholder structure further limit transparency and financial resilience. Therefore, extending credit without additional security or guarantees would be imprudent.

2. Financial Strength:
   The balance sheet shows negligible assets (£1) and net assets (£1), with no tangible fixed assets or working capital to support business operations. The absence of financial data beyond a single micro-entity balance sheet indicates the company is in its infancy and has not yet established a sustainable financial base. Shareholders’ funds are minimal, and the company essentially operates with no financial buffer to absorb shocks or fund growth.

3. Cash Flow Assessment:
   No cash or liquidity data is disclosed beyond the nominal current asset figure of £1, which suggests the company holds no meaningful cash or liquid resources. No working capital is available to cover short-term liabilities or operational expenses. Without revenue or profit data, there is no evidence of positive cash flow or operational cash generation, indicating an inability to meet ongoing financial commitments without external funding.

4. Monitoring Points:

• Monitor the next set of accounts for evidence of trading activity, revenue, and profit generation.
• Watch for cash flow statements or disclosures indicating liquidity improvements.
• Track any new director appointments or changes in ownership/control that might impact governance or financial stewardship.
• Review credit references or payment history once trading is established for signs of reliability.